Business For Sale - Motivated Sellers - ID 8677 BL
- Management Rights For Sale
- Desirable Burleigh Heads
- Mixed letting management rights
- Situated like an oasis with beautifully landscaped gardens
- 157 apartment complex with 40 in the letting pool
- 39 with outside agents, huge upside
- Walking distance to iconic Burleigh Beach and James Street
- High Body Corporate salary and good committee
- Tastefully renovated 3 bedroom manager's residence with timber flooring and spacious kitchen
- Management rights complexes of this size, standard and location are hard to find.
For further information or to arrange an inspection of this management rights business for sale contact:
Net Profit: $224,000 Remuneration / Body Corp Salary: $157,041Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $575,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes
Spacious residence, 3 bedrooms, 2 bathrooms, Ideal home for couple or family, Large patio area and enclosed courtyard.
Complex InformationComplex Type: MixedTotal Units in Complex: 152Total Units in Letting Pool: 40Permanent Units: 40Owner Occupy Units: 62Outside Agent Units: 39Lockup Units: 10Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 8 yearsPool: YesTennis Court: YesBBQ Area: Yes